Bitcoin News Today: Trump Crypto Report Omits Bitcoin Reserve Sparking Market Concerns

The Trump administration has released a comprehensive digital assets policy report on July 25, 2025, outlining regulatory reforms, support for decentralized finance (DeFi), and the promotion of U.S.-backed stablecoins. However, the document notably omits any mention of the previously announced U.S. strategic Bitcoin reserve, a key element expected to form the foundation of the administration’s blockchain strategy following an earlier executive order by President Trump. This absence has generated uncertainty and speculation about the future of the reserve initiative [1].

The report, prepared by the President’s Working Group on Digital Asset Markets, emphasizes the need for Congress to pass the Digital Asset Market Clarity Act. This legislation would grant the Commodity Futures Trading Commission (CFTC) oversight over non-security digital asset spot markets, aiming to close regulatory gaps and streamline supervision in the rapidly evolving crypto sector. The report also urges the SEC and CFTC to issue clearer rules on trading, registration, custody, and recordkeeping using their existing authority [2].

Decentralized finance received strong endorsement in the policy, with recommendations for regulatory sandboxes and safe harbors to facilitate the deployment of DeFi products. The document highlights stablecoins—particularly U.S.-backed ones—as essential in maintaining the dollar’s dominance in digital finance, aligning with the recently passed GENIUS Act, which aims to streamline stablecoin regulation and adoption [3].

The administration’s report clearly opposes central bank digital currencies (CBDCs), reflecting Trump’s prior advocacy for the “Anti-CBDC Surveillance State Act,” which seeks to ban CBDCs. The report also addresses crypto banking, calling for transparency in the process for institutions seeking bank charters and clarity on permissible crypto activities for banks [4].

Tax policy recommendations include classifying digital assets as a new federal tax category, with updated rules on wash sales and alternative minimum tax. The Treasury and IRS are also urged to revise guidance on crypto-related activities such as mining and staking [5].

The absence of the Bitcoin strategic reserve in the report has raised questions about the administration’s priorities and capacity to balance innovation with asset accumulation. Analysts have speculated that the omission might indicate the initiative is under review or has been deprioritized. Earlier in the year, an executive order had directed the creation of a Bitcoin reserve to establish the U.S. as a global leader in blockchain finance [6].

Coinciding with the report’s release, Bitcoin’s price dropped to $117,529 over a 24-hour period. Analysts suggest that the market may have expected a more detailed roadmap for the reserve, and its absence may have influenced this slight price decline [7].

The White House’s approach is characterized by cautious optimism toward crypto innovation, with a focus on regulatory clarity and market-friendly policies. The decision to exclude the Bitcoin reserve may reflect a strategic choice to prioritize immediate regulatory reforms over long-term asset management [8].

Moving forward, the administration’s next steps on the Bitcoin reserve and broader adoption initiatives—such as the potential inclusion of cryptocurrencies in 401(k) plans—will be closely watched for insights into shifting priorities and evolving strategic goals [9].

Sources:

[1] White House Crypto Report Omits Bitcoin Reserve (https://coingape.com/white-house-releases-crypto-policy-report-omits-strategic-bitcoin-reserve/)

[2] Trump Administration Unveils Crypto Strategy But Omits (https://cryptopotato.com/trump-administration-unveils-crypto-strategy-but-omits-bitcoin-btc-reserve-plan/)

[3] Bitcoin reserve plan missing from White House's crypto report (https://cryptobriefing.com/crypto-regulatory-framework-white-house/)

[4] Bitcoin News Today: Trump Admin's Crypto Report Omits (https://www.ainvest.com/news/bitcoin-news-today-trump-admin-crypto-report-omits-bitcoin-strategic-reserve-details-executive-order-2507/)

[5] White House Releases Crypto Plan, But Bitcoin Reserve (https://coinpedia.org/news/white-house-releases-crypto-plan-no-word-on-bitcoin-reserve/)

[6] BTC falls as Trump's crypto report skips Bitcoin reserve (https://finbold.com/btc-falls-as-trumps-crypto-report-skips-bitcoin-reserve-details/)

[7] White House Crypto Report to Skip Bitcoin Reserve Mention (https://coinpedia.org/crypto-live-news/trump-white-house-crypto-report-leaves-out-bitcoin-reserve-details/)

[8] U.S. White House Outlines Pro-Crypto Policy Shift with (https://www.ainvest.com/news/white-house-outlines-pro-crypto-policy-shift-regulatory-framework-2507/)

[9] White House Considers Crypto for 401(k)s, Mortgage Assets (https://www.pymnts.com/cryptocurrency/2025/trump-administration-considers-crypto-for-401ks-mortgage-assets/)